Saudi Arabia Tax Management Software Market Size & Outlook
Saudi Arabia tax management software market, 2017-2030 (US$M)
Related Markets
Saudi Arabia tax management software market highlights
- The Saudi Arabia tax management software market generated a revenue of USD 421.0 million in 2023 and is expected to reach USD 814.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Professional Services (training & education, consulting & implementation, support services) is the most lucrative component segment registering the fastest growth during the forecast period.
Tax management software market data book summary
| Market revenue in 2023 | USD 421.0 million |
| Market revenue in 2030 | USD 814.1 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Professional Services (training & education, consulting & implementation, support services) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Professional Services (training & education, consulting & implementation, support services) |
| Key market players worldwide | Wolters Kluwer NV, SAP SE, Thomson Reuters Corp, Intuit Inc, Corvee, HRB & Associates, TaxJar, Vertex, TaxSlayer |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.1% of the global tax management software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa tax management software market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 814.1 million by 2030.
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Tax Management Software Market Scope
Tax Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia tax management software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tax management software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 71.85% in 2023. Horizon Databook has segmented the Saudi Arabia tax management software market based on software, professional services (training & education, consulting & implementation, support services) covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Saudi Arabia tax management software market databook
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Our clientele includes a mix of tax management software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia tax management software market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia tax management software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia tax management software market report size, by component, 2017-2030 (US$M)
Saudi Arabia Tax Management Software Market Share, 2023 & 2030 (US$M)
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